U.S.

China to allow full foreign ownership in auto industry

9 days ago   |   By

BEIJING - China announced plans Tuesday to allow full foreign ownership of automakers in five years, ending restrictions that helped to fuel its trade dispute with U.S. President Donald Trump as it promotes electric car development.
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China Loosens Foreign Auto Rules, in Potential Peace Offering to Trump

9 days ago   |   By

Beijing said makers of electric cars would no longer be required to find a Chinese partner, with the rest of the auto industry to follow.
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China to allow full foreign ownership in auto industry

9 days ago   |   By

China has announced plans to allow full foreign ownership of automakers in five years, ending restrictions that have strained relations with Washington and other trading partners. The Cabinet's planning commission...
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